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FMIC destroys another classic brand - no more Hamer

FMIC has a track record of buying classic brands like Fender, Guild, Gretsch, Jackson, Hamer, etc.... Once they own the brand they simply make low end imported junk carrying the classic label.

As someone who grew up loving the classic guitars it's frustrating to see "instruments" of such low quality carrying the cool brand names. From what I understand Fender doesn't even make American amplifiers anymore. It's sad.